ABSTRACT Financial markets can support the transition to a low-carbon economy by redirecting funds from highly emissive to clean investments. We study whether European stock…
SUMMARY: In July 2021, the European Commission published a proposal for a Social Climate Fund (SCF) to be established in parallel with the proposed extension…
EXECUTIVE SUMMARY: The new emissions trading system for buildings and road transport – the so-called ETS2 – proposed by the European Commission in the Fit…
Key Takeaways The EU’s transition to net-zero greenhouse gas emissions by 2050 has to be a socially-just transition that includes all segments of society if…
Abstract In recent years there has been growing attention to the risks posed by climate change. One relevant question for financial stability is to which…
SUMMARY: Le paquet « Fit for 55 » de la Commission européenne vise à mettre l’Union européenne sur la trajectoire de son nouvel objectif climatique…
EXECUTIVE SUMMARY: Two politically sensitive reforms The proposed Energy Taxation Directive (ETD) reform and extension of the Emissions Trading Scheme to buildings and road transport…
EXECUTIVE SUMMARY: European Member States agreed in December 2020 to an increased climate target for 2030 of -55% net emissions reductions. In July, the European…
OVERVIEW OF THE ASSESSMENT: In early 2021, the European Union set the objectives of reducing net emissions by at least 55% by 2030 compared to…
